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Dec 3, 2012 2:00am PST
not liberal-- >> here's the thing. tax rates are going up on everybody by definition by law. either the president has the upper hand on this issue. and the electorate has veted. i mean, in every speech he gave, he addressed this issue. it came up and he said i'm going to do this. and the the electorate said okay. it would be very surprising if we don't allow tax rates-- >> schieffer: this was a very, very close election. the blue states were very blue. the red states were very red. and the battleground states were very close. are you teague to say the president thinks he has some sort of a mandate? >> not a mandate. but he wasn't election-- >> >> schieffer: he got a second chance. >> this is a a good way to address our long-term fescal issues. from an economic perspective-- forget about the politics, you sit down and do the arithmetic or math and you can't make it work unless tax rates on upper income house holds rise. >> schieffer: maya. >> what's outrageous is the way we govern is playing games of chicken and the losers losers are going to be the american public and the economy. w
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